Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “redeem”

redeem

verb [T]     /rɪˈdiːm/
FINANCE, STOCK MARKET to exchange shares or bonds for cash: Class B Shares are subject to a sales charge if they are redeemed within six years of purchase. Private investors will have to pay their own dealing fees to redeem their holdings.
FINANCE to pay back a loan: redeem a loan/debt/mortgage
redeem a coupon/points/a voucher, etc. COMMERCE to use a coupon (= piece of paper used to buy goods at a lower price), points from a credit card, etc. to buy something: be redeemed against sth Coupons, either in or on the pack, may be redeemed against future purchases of the product.redeem sth for sth New legislation would enable consumers to redeem gift certificates for cash once their value falls below $10.
(Definition of redeem verb from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of redeem

Definitions of “redeem” in other dictionaries

Word of the Day

exercise

physical activity that you do to make your body strong and healthy

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More